It all starts with Bitcoin, a (₿TC) ‘cryptocurrency’ based on blockchain distributed ledger technology (DLT). The first-ever decentralized payment network meshing all noble elements of an open-source electronic cash. From October 31, 2008 (Satoshi Nakamoto whitepaper release date) to January 3, 2009 (Bitcoin software system launch), to a decade plus and counting later in 2019…
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Why do people hate Bitcoin & Cryptocurrencies? Here’s 5 Common Misunderstandings
This article takes a look at 5 common misunderstandings on why people hate Bitcoin & cryptocurrencies and tries to clear up these misconceptions. The rapid growth of the cryptocurrency industry has led to an increased scrutiny from the general public about the technology. Many are convinced that cryptocurrencies and blockchain is the technology of the…
Bitcoin vs. Bitcoin Cash: What’s the difference?
This article is a Bitcoin vs Bitcoin Cash scaling comparison that takes a look at why transactions on the Lightning Network is more expensive than Bitcoin Cash transactions. TL;DR: While Lightning node payments themselves cost less than on-chain BCH payments, the associated overhead currently requires a LN channel to produce 16 transactions just to break-even under ideal…
Will A Crash in Bitcoin’s Price Lead to Its Demise?
This article takes a look at the possible scenarios to answer the important question of whether will a crash in Bitcoin’s price lead to its demise. The creation of Bitcoin in 2008 has kickstarted a technological revolution, one which aims to reshape the monetary system as well as disrupting a wide range of industries. Thanks to open-source…
Guide to Bitcoin Hard Forks: Bitcoin Cash, Bitcoin Gold, Segwit2X & Bitcoin ABC
This guide to bitcoin hard forks will take an in-depth look at the different forks of Bitcoin that includes Bitcoin Cash, Bitcoin Gold, Segwit2X & Bitcoin ABC, Super Bitcoin, Bitcoin Diamond and Bitcore. Forks are often a contentious topic for many in the crypto world. Some might see forks as a divisive force, while others…
Evolution of Cryptocurrency: Replacing Modern Cash
This is the last of a 3-part series that takes a look at the evolution of cryptocurrency and the problem with money today. The 1st part of this series of articles addresses the multiple failures of money today, while the 2nd part explains what is cryptocurrency and how it addresses these issues and rectify them….
Investing in Cryptocurrency: Is it Too Late to Buy Bitcoin?
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Read our Advertising Disclosure.Article Overview: This article seeks to answer “Is it too late to buy Bitcoin” and ” Is it too late to invest in cryptocurrency?”Is It Too Late to Buy Bitcoin? Is it Too Late to Invest…
How Will Bitcoin Futures Affect Bitcoin Prices? Here’s What History Says
Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Read our Advertising Disclosure.Article Overview: This article looks to answer the million dollar question on “How Will Bitcoin Futures Affect Bitcoin Prices?” by looking at historical data on precious metals.On Oct. 31, 2017, the CME (Chicago Mercantile Exchange Group) announced…
Bitcoin vs. Altcoins: Which one is right for you?
Article Overview: This article provides a comparison of the performance of Bitcoin vs the top 10 altcoins a year ago. Which fared better? The surge of new money entering the market is a testament to the rising popularity of Cryptocurrencies. Aside from Bitcoin and Ethereum, there are more than 1,200 coins and tokens to choose…
Upcoming Bitcoin Hardforks You Should Know: Bitcoin Gold & Segwit2X
This guide will clarify everything that you need to know about the two upcoming Bitcoin hardforks – Bitcoin Gold & Segwit2X – and what you should do in preparation for it. Another chapter of Bitcoin’s controversial journey beckons and this time, there’s going to be 2 hardforks in the next coming weeks that would possibly…